MAPS - NASDAQ
WM Technology, Inc.
$0.37
+0.0000%WM Technology, Inc. provides ecommerce and compliance software solutions to retailers and brands in cannabis market in the United States, Canada, and internationally. The company offers Weedmaps marketplace that allows cannabis users to search for and browse cannabis products from retailers and brands, and reserve products from local retailers; and information on the cannabis plant, and the industry and advocate related services for legalization. It also provides WM Business suite of monthly subscription-based software solutions, including WM Orders, WM Dispatch, WM Store, WM Dashboard, integrations, and API platform, as well as access to its WM Retail and WM Exchange products. In addition, the company offers advertising solutions; Sprout, a customer relationship management solution; and Cannveya, a delivery and logistics software solution. WM Technology, Inc. was founded in 2008 and is headquartered in Irvine, California.
At a Glance
Live SnapshotWM Technology, Inc. Profit Bridge
Profitability Analysis
Gross Margin
Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.
Operating Margin
Acceptable margins but limited operational leverage. Operating expense control is important.
Net Profit Margin
Minimal profitability after all expenses. Limited financial flexibility for reinvestment or shareholder returns.
Effective Tax Rate
Below-average tax rate suggests effective tax planning, favorable jurisdictions, or tax credits.
Profitability Insight
Margin squeeze alert: Healthy gross margins but weak operating margins suggest excessive operating expenses. Cost optimization could unlock significant value.
WM Technology, Inc. Income Statement
MAPS • NASDAQ
| WM Technology, Inc. Income Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 |
|---|---|---|---|---|---|---|---|---|---|
REVENUE | |||||||||
174.7M | 184.5M | 188M | 215.5M | 193.1M | 161.8M | 144.2M | 101.4M | 89.7M | |
GROSS PROFIT | |||||||||
(22.2M) | (9M) | (12.5M) | (15.4M) | (7.9M) | (7.6M) | (7.1M) | (6.3M) | (5.5M) | |
152.5M | 175.5M | 175.5M | 200.1M | 185.2M | 154.2M | 137.2M | 95.1M | 84.2M | |
OPERATING INCOME | |||||||||
(140.7M) | (160.7M) | (193.9M) | (269.7M) | (193.4M) | (113M) | (130.9M) | (80.1M) | (65.2M) | |
(115.8M) | (111M) | (121.4M) | (203.4M) | (151.2M) | (81.8M) | (96.2M) | (56.7M) | (49.3M) | |
(28.1M) | (36.4M) | (36M) | (50.5M) | (35.4M) | (27.1M) | (29.5M) | (20M) | (13.5M) | |
11.7M | 14.7M | -18.5M | -69.6M | -8.2M | 41.2M | 6.3M | 16.2M | 19.4M | |
PRE-TAX INCOME | |||||||||
100K | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
-3.2M | (13.3M) | (36.5M) | (15.8M) | (6.8M) | (4M) | (5.2M) | (2.1M) | (2M) | |
-8.4M | -2.5M | 2.8M | 166M | 159.8M | -2.4M | -5.3M | -1.8M | -1.2M | |
3.4M | 12.2M | -15.6M | 96.4M | 151.6M | 38.8M | 946K | 14.4M | 18.2M | |
NET INCOME | |||||||||
(93K) | (46K) | (93K) | (179.1M) | -601K | (0.0) | (1.3M) | (0.0) | (0.0) | |
2M | 7.6M | -9.9M | -116M | 60.4M | 38.8M | -375K | 14.4M | 18.2M |
SEC Filings
MAPS - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
DEF 14A DEF 14A 2026 N/A | April 28, 2026 | June 24, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 17, 2026 | April 17, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 07, 2026 | April 03, 2026 | 2026 | |
10-K 10-K 2025 FY FY | March 12, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2026 N/A | March 12, 2026 | March 12, 2026 | 2026 | |
8-K 8-K 2026 N/A | March 10, 2026 | March 05, 2026 | 2026 | |
8-K 8-K 2026 N/A | February 05, 2026 | February 04, 2026 | 2026 | |
8-K 8-K 2026 N/A | February 03, 2026 | January 29, 2026 | 2026 | |
8-K 8-K 2025 N/A | November 06, 2025 | November 06, 2025 | 2025 | |
10-Q 10-Q 2025 Q3 Q3 | November 06, 2025 | September 30, 2025 | 2025 |
Related Guides
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Research Paths
Snapshot
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Value Model
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Statements
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Earnings Call
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Dividends
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Analyst Expectations
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